Problem 56095. Compound Interest : Future Value

Theorem : Compound Interest
where,
  • F : Future value at the end of n periods
  • P : Present value
  • r : Annual nominal rate
  • n : Total number of compounding periods
Calculate F, given P, r and n. Round to the nearest cent.

Solution Stats

83.93% Correct | 16.07% Incorrect
Last Solution submitted on Feb 22, 2024

Solution Comments

Show comments

Problem Recent Solvers47

Suggested Problems

More from this Author92

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!